Blog

Superman would not be impressed…

Written by Felicity Magnussen

Superman would not be impressed – the ATO is reminding us all to declare our gains on Crypto-currencies.

It makes sense, as one of the many joys of being a resident of this wide brown land means if you make a gain, you need to share the spoils with your fellow Australians. Some of the gain will end up up, up and away. Melissa Browne explains how and why in this article in the Canberra Times.

Income Tax Cuts Passed Through Parliament

Written by Felicity Magnussen
The income tax reduction bill may have passed yesterday (37 to 33), but although it will be nice to get an extra rebate for the 2018 financial year don’t get too excited just yet – the cuts are progressive over the next 7 years, and with much opposition from the Opposition and Greens, it will be a hot election topic!